From the information obtained from Edith Rockefeller, Sheffield knew that at least the younger Rockefeller was not aware of the attack on the trust company, and even if he was aware, he did not participate. But the younger Morgan was not sure.

This is also very normal. Even in New York, Morgan and Rockefeller's interest orientations cannot be completely consistent. Union Company and Standard Oil simultaneously injected capital into a steel company. Doesn't it seem consistent enough? In fact, Sheffield and

Rockefeller Jr. also has a completely different idea. Rockefeller Jr., at least for now, does not want things to get worse. Sheffield does not think so.

This is where the interests of the two people are different. This will not change just because Edith Rockefeller and Sheffield are actually husband and wife or the younger Rockefeller's sister. Every adult needs to be responsible for himself.

Rockefeller believed that Sheffield was harming its own interests by releasing news of layoffs alone to hurt the market.

The steel company is not Sheffield's own, but also part of the Rockefeller family. Now the stock price has evaporated more than two thousand dollars in value due to the news. Of course, he has every reason to be angry. That's more than 20 million, more than 20 dollars.

The value that can only be created by tens of thousands of citizens living frugally for a year is gone in three hours, and today is not over yet.

"I just want to know, do we have a conflict of interest now? Are we on opposite sides, or are there opportunities for cooperation?" The younger Rockefeller could not feel at ease when faced with Sheffield's nonchalant attitude.

The slave owner's confident attitude is indeed very uncomfortable. It's like no one knows anything better than me. The more it looks like this, the less reassuring it is.

Sheffield was silent for about a minute. This time, Rockefeller did not urge him. Instead, he was on the other end of the phone, quietly waiting for a reply. Finally, Sheffield said, "I think this is a good opportunity that cannot be missed. There is a saying.

Okay, the world is in chaos and the situation is great. For companies at our level, this environment is the time when the best chance of survival of the fittest is demonstrated. All companies without vitality should close down. Just like the motto of your Rockefeller family, one hundred years.

Ninety percent is not enough, we need 100 percent."

Before the crisis broke out, the economy of the United States was developing at a high speed, and the market had a strong demand for funds. In such an environment, trusts came into being. As a kind of financial innovation, trusts can raise more funds for the demand side.

, however, due to its high returns, the flow of funds in the market has changed. The demand side can only borrow funds from trusts at high interest rates. When the industrial market returns are high, the disadvantages of this model have not appeared. Once the returns decrease, this

This model became a catalyst for market collapse. As a large amount of bank funds flowed into trusts, and the high interest rates of trusts made companies unable to bear them, a banking crisis finally broke out.

When market sentiment is extremely pessimistic, it will have an impact on financial institutions, especially banks. The most obvious one is a large number of runs. Since the operating model of banks cannot guarantee that all funds are retained, once a run occurs, the capital chain will be broken.

And the overall market panic will cause the entire banking industry to suffer from a capital rupture.

Bankers took advantage of this opportunity to liquidate trust companies. Can't industrial companies take advantage of this opportunity to liquidate bankers as well? Bankers can of course do it, and so can industrial companies. There is no reason why it can't be done.

As for the impact on citizens, among the banks that collapsed first, citizens’ deposits must have disappeared. But at the national level, the impact is not so great. After all, the industrial base of the United States is still there, and it will not be hollowed out a hundred years later.

Relying on the deterrence of the US military, the operations of financial institutions are shearing sheep all over the world. Once there is a problem in any direction of the US military and financial institutions, the economy of the United States, which has lost its hematopoietic function, will immediately die.

As for the most powerful agricultural hegemony in the United States, it is easier for small countries than the US military and financial institutions. It cannot deal with big countries. Domestic agricultural hegemony can only ensure that when a crisis comes, domestic citizens will not starve to death.

Much more.

The current financial crisis is just temporary blood loss and looks scary. It is different from the United States in later generations who died after extubation. If the citizens are smart enough, it is not easy to incite panic. Fortunately, the citizens of the United States have never been associated with intelligence!

"In this case, many people will lose their money and citizens will suffer great harm." Young Rockefeller was silent for a long time, but his heart was still not as black as the real slave owner.

"I have only met one person after another, and I have never seen what it means to be a citizen." Sheffield said in a long voice, "Now the citizens only know that it was the bankers who did all this. What does it have to do with me?"

, is it because I am too smart to expose the internal fighting among bankers? I think the citizens should thank me. Without honest William, they would have been kept in the dark their whole lives, from being born in ignorance to dying in ignorance."

Before, both Sheffield, Rockefeller and Morgan had sensed the coming crisis and prepared secretly on their own, hiding it from each other. But now, it is possible to see what the three families want. In fact, from the perspective of Rockefeller and Morgan

Generally speaking, it is best for the crisis to be controllable. After taking the opportunity to eliminate a group of opponents, bargain hunting, mergers and development are the normal operations in economic crises.

But the slave owner also knew that this time the crisis would break out. After Sheffield joined in, things were no longer like this. Sheffield and the two companies had different interest orientations. What he hoped was that the crisis would last longer and all unqualified enterprises would be eliminated.

If you get rid of all the women you have, your children in the future will have to share the inheritance.

So as a good father, how can you not take the opportunity to make more? And you are both from New York, but the slave owner is not, he is a Texan, out of regional sentiment, out of the Civil War, for many reasons,

With such a good opportunity, he must not let it go. He and the foreigners can pretend to be jealous, and there is no need to be so polite to the Yangki people. Anyway, the Yangki people now also think they are greedy banker bastards, so why are you being polite?

, heretics must die!

Young Rockefeller asked Sheffield to stop, but Sheffield refused unceremoniously, and said that he would either make a lot of money or not. To this day, no one can intercede in front of him, and there is no turning back. Things have already happened.

It’s settled.

Knowing that Sheffield was unlikely to change his mind, Rockefeller Jr. hung up the phone, but called back less than half an hour later, "William, if you insist on doing this, no one will make any money in the end. If

If you can agree to my request, I will use all the power of the Rockefeller family to help you complete your idea, and then everyone will have to rely on their own abilities to buy the bottom."

Sheffield, who received the call again, narrowed his eyes and was about to speak when his peripheral vision glanced at Edith Rockefeller's troubled face. He felt soft and sighed, "You want Texas?"

Oil field? I know it has not been a year or two since you got it, but you have never seized the opportunity. This time is also a good opportunity for you. "

Due to cost constraints, the production of the Texas oil fields has now exceeded half of the domestic oil production in the United States. The original contract signed by the Sheffield family and the Rockefeller family was a temporary contract, lasting ten years!

As the Texas oil fields become more and more important, the Rockefeller family, a trust whose main business is the oil industry, says that it has no idea at all. That is definitely false, but it has never had a chance.

"The contract is automatically extended for twenty years, and the Rockefeller family is on your side." Rockefeller Jr. directly raised the stakes. With the participation of the Rockefeller family, Sheffield's victory time in this battle surrounding the financial crisis will be greatly shortened.

Rockefeller Jr. also had his own considerations, because according to various assessments, the total oil reserves remained unchanged and most of the value of an oil field had been squeezed out in twenty years. The Rockefeller family did not have to worry in the future.

Sheffield's expression remained unchanged, as if he was considering it, and under the gaze of Edith Rockefeller, he said, "Okay, automatically extend, within ten days, we will use all our strength to make the market collapse, and then buy the bottom."

After saying that, he hung up the phone, as if he was being forced. When Edith Rockefeller saw this scene, she whispered, "I'm sorry, John is also a businessman, and he has to consider the Rockefeller family."

"You can't make all the money by yourself! I can't buy everything after the crisis if I operate it myself. The federal government won't be willing to do it either!" Sheffield suppressed his laughter and gave a sad and perfunctory comfort.

.

In the eyes of Edith Rockefeller, Sheffield's concessions were all for her own sake, which made her feel so bad that she threw herself directly into the arms of the slave owner and said sentimentally, "I'm just an old woman."

"Still the mother of my child! Thirty-something is not old." Sheffield said, stroking Edith Rockefeller's hair.

If you think about it for a moment, you will know that Rockefeller Jr.'s twenty years must have been influenced by the statement that oil is a precious non-renewable resource! What a problem! Although the companies in the United States based on oil belong to the Rockefeller family,

The person who did the most to promote this theory was Sheffield. The relationship between the slave owners and the five major publishers, coupled with the public opinion media in their hands, allowed this statement to be widely accepted.

In fact, in the 21st century, the Texas oil fields are still working! The oil industry is of course also important when considering the United Company, but it must not be like the Rockefeller family who directly put the foundation of the United Company on it.

.

Moreover, Sheffield did not panic at all. As the Pasha of Kuwait in the Ottoman Empire, what did he have to panic? How much cheaper could it be than Kuwait? On the contrary, the immediate threat was more important than Texas oil. This threat was not

Morgan.

But today’s federal government, as well as President Roosevelt in the White House, if it were any other president, there would be no need to worry so much, no matter who the president is, the fight would have been lawless. But during President Roosevelt’s term, there was no bottom line in the fight.

, still needs to be carefully considered.

The most important thing is speed. We must use the shortest possible time to make the crisis widespread and severe enough. If time passes, Roosevelt, the problem child among previous presidents, may find a way to use administrative power to intervene. We must catch everyone off guard.

, it would be great to have the help of the Rockefeller family.

At least at this point in time, having the Rockefeller family standing side by side still does more good than harm to Sheffield.
Chapter completed!